BZ510

FINANCIAL MANAGEMENT

This sample unit outline is provided by CHC for prospective and current students to
assist with unit selection.
Elements of this outline which may change with subsequent offerings of the unit
include Content, Required Texts, Recommended Readings and details of the
Assessment Tasks.
Students who are currently enrolled in this unit should obtain the outline for the
relevant semester from the unit lecturer.

Unit code

BZ510

Unit name

Financial Management

Associated higher
education awards

Graduate Certificate in Management

Duration

One semester

Level

Postgraduate

Unit Coordinator

Wendy Collins

Core/Elective

Elective - Graduate Certificate in Management

Graduate Diploma in Management

Elective - Graduate Diploma in Management

Unit credit points:

10

PL
E

Weighting

Course credit points: 40 - Graduate Certificate in Management

80 - Graduate Diploma in Management
Student workload

Face-to-face on-site

External

Timetabled hours per week:

Directed study hours per week:

N/A

Personal study hours per week:

Personal study hours per week:

N/A

Total workload hours per week: N/A

Total workload hours per week: 10

Delivery mode

SA

Students requiring additional English language support are expected to undertake an additional
1 hour per week.
External

Full time

Part time
Prerequisites/
Corequisites/
Restrictions

Nil

Specialist resource
requirements

Nil

Prescribed text(s)

Juchau, R., et. al. (2006). Accounting: Information for decisions (2nd ed.). Melbourne. VIC:
Thomson.

School of Business Sample Unit Outlines

CRICOS Provider Name: Christian Heritage College
CRICOS Provider Number: 01016F

Page 1 of 3
1 August 2013 (Sample)

Author: School of Business

Authorised: Academic Board
www.chc.edu.au

Recommended
readings

Books
Bazley, M., Hancock, P., Berry, A., & Jarvis, R. (2010). Contemporary accounting (7th ed.).
Melbourne, VIC: Cengage Learning Australia Limited.
Birt, J., et. al. (2005). Accounting: Business reporting for decision making. Brisbane, QLD: John
Wiley & Sons.
Collis, J., Holt, A., & Hussey, R. (2012). Business accounting An introduction to financial and
management accounting (2nd ed.). London, UK: Palgrave Macmillan.
Hoggett, J., Edwards, L., & Medlin, J. (2009). Accounting (7th ed.). Sydney, NSW: John Wiley &
Sons.
Marshall, D., McCartney, J., Van Rhyn, D., McManus, W., & Viele, D. (2010). Accounting what the
numbers mean (2nd revised ed.) Sydney. NSW: McGraw Hill.
Peirson, G., Brown, R., Easton, S., Howard, P., & Pinder, S. (2011). Business finance (11th ed.).
Sydney, NSW: McGraw-Hill.

PL
E

Petty, J., Keown, A., Scott, D., & Martin, J. (2009). Financial management principles and
applications (5th ed.). Sydney, NSW: Pearson Education Australia.
Ross, S., Trayler, R., Bird, R., Westerfield, R., & Jordan, B. (2011). Essentials of corporate finance (2nd
ed.). Sydney, NSW: McGraw-Hill.
Journals and Periodicals

Charter (The Institute of Chartered Accountants in Australia)

In the Black (CPA Australia)

International Journal of Commerce and Management

Journal of Accountancy

SA

National Accountant

In addition to the resources above, students should have access to a Bible, preferably a modern
translation such as The Holy Bible: The New International Version 2011 (NIV 2011) or The Holy
Bible: New King James Version (NKJV).
These and others translations may be accessed free on-line at http://www.biblegateway.com.
The Bible app from LifeChurch.tv is also available free for smart phones and tablet devices.
Content

1.

Introduction to the accounting environment and financial function of an organisation

2.

Financial reporting requirements in the public sector

3.

Financial statements: Balance sheet, income statement, cashflow statement

4.

Analysis of financial statements

5.

Financial performance analysis, strategies to improve performance

6.

Key performance indicators: Financial and non-financial

7.

Cost concepts: Cost volume profit relationship and cost variances

8.

Budgeting: Master budget and budget reports; Management of working capital

9.

Capital investment alternatives

10. Finance sources and costs

School of Business Sample Unit Outlines

CRICOS Provider Name: Christian Heritage College
CRICOS Provider Number: 01016F

Page 2 of 3
1 August 2013 (Sample)

Author: School of Business

Authorised: Academic Board
www.chc.edu.au

Learning outcomes

On completion of this unit, students will have demonstrated that they can:
1. Discuss the concepts used in understanding accounting reports required by management in
an organisation;
2. Identify, analyse and interpret financial information relevant to operational, investment and
financial decisions of an organisation;
3. Discuss the concepts and issues involved in corporate accounting, cash flow statements,
financial statement analysis and financial management;
4. Critically review the meaning and significance of financial management and accounting
terms and concepts;
5. Analyse independently investment alternatives and evaluate competing projects;
6. Critically evaluate the types, sources and costs of funds;
7. Reflect on case study feedback to identify strengths and areas for improvement;
8. Incorporate a Biblical Christian worldview into knowledge about financial management; and

Assessment tasks

PL
E

9. Communicate at an appropriate tertiary standard: with special attention to design elements,

grammar, usage, logical relations, style, presentation and referencing.
Task 1: Financial management portfolio case studies

Word Length/Duration: Short answer questions, including questions with calculations

30%

Learning Outcomes:

1-4, 7-9

Assessed:

Week 7

Weighting:

Task 2: Financial management portfolio case studies

SA

Word Length/Duration: Short answer questions, including questions with calculations

Weighting:

30%

Learning Outcomes:

2-9

Assessed:

Week 13

Task 3: Final examination

Word Length/Duration: 3 hours

Weighting:

40%

Learning Outcomes:

1-6, 8, 9

Assessed:

Week 15

School of Business Sample Unit Outlines

CRICOS Provider Name: Christian Heritage College
CRICOS Provider Number: 01016F

Page 3 of 3
1 August 2013 (Sample)

Author: School of Business

Authorised: Academic Board
www.chc.edu.au